Professional Documents
Culture Documents
Data and Analysis in The Real World Week 1 Quiz
Data and Analysis in The Real World Week 1 Quiz
Week 1 Quiz
Quiz, 12 questions
Question 1
1
point
1. Question 1
What statement below best describes why we do data analytics in business?
We must show a return on the investment we make in data & analytical resources
Question 2
1
point
2. Question 2
What should you consider as you approach an analytical problem and in which order? Identify
correct order for the following ideas / steps.
For example, if you think they are already in the correct order, correct answer would be ABCDEF.
A. Sourcing Data
B. Analysis Outputs
C. Execute Analysis
D. Analysis Methods
E. Define Decision
F. Data Needs
ABCDEF:
A. Sourcing Data
B. Analysis Outputs
C. Execute Analysis
D. Analysis Methods
E. Define Decision
F. Data Needs
EBDAFC
E. Define Decision
B. Analysis Outputs
D. Analysis Methods
A. Sourcing Data
F. Data Needs
C. Execute Analysis
EBDFAC
E. Define Decision
B. Analysis Outputs
D. Analysis Methods
F. Data Needs
A. Sourcing Data
C. Execute Analysis
BDFACE
B. Analysis Outputs
D. Analysis Methods
F. Data Needs
A. Sourcing Data
C. Execute Analysis
E. Define Decision
Question 3
1
point
3. Question 3
What diagram below best describes the relationship between a mobile wireless carrier account
holder and devices at a point in time?
A - shows oval with account connected to oval with device by straight line
B - shows oval with account connected to oval with device by straight line – forked end on Account
side
C - shows oval with account connected to oval with device by straight line – forked end on Device
side
D - shows oval with account connected to oval with device by straight line – forked end on both sides
Question 4
1
point
4. Question 4
For the next 5 questions that describe types of metrics, select a source that best describes where
the following data might come from:
Billing System
Question 5
1
point
5. Question 5
Select a source that best describes where the following data might come from:
Billing System
Question 6
1
point
6. Question 6
Select a source that best describes where the following data might come from:
Billing System
Question 7
1
point
7. Question 7
Select a source that best describes where the following data might come from:
The dollar amount of unpaid invoices at the end of a month
Billing System
Question 8
1
point
8. Question 8
Select a source that best describes where the following data might come from:
Billing System
1
point
9. Question 9
Why is it important for data analysts to understand the value-chain (process) associated with
information and the analytical process?
the more you understand about the way the business works and how information flows through
business systems, the better prepared you will be to both execute and interpret your analysis. Also,
the more skill you have in finding and accessing data, the more productive and valuable you will be
as an analyst!
Question 10
1
point
10. Question 10
Identify correct order of steps in the Information-Action Value Chain.
ABCDEFGHI
D. Take Action
F. Data Extraction
G. Data Storage
H. Analytical Methods
I. Summarize & Interpret Results
CEFGHIABD
F. Data Extraction
G. Data Storage
H. Analytical Methods
D. Take Action
CEGFHIABD
G. Data Storage
F. Data Extraction
H. Analytical Methods
CEGFHIBAD
G. Data Storage
F. Data Extraction
H. Analytical Methods
D. Take Action
Question 11
1
point
11. Question 11
Why do we bring data together into a common location (select all that apply)?
12. Question 12
What type of analytics would you use to determine the best way to route delivery trucks to minimize
miles driven or gasoline consumed?
Descriptive
Predictive
Transitive
Cognitive
Prescriptive